Technology Bulls Rejoice; Tim Apple Leads The Way

Technology led the way today with the $XLK up a cool 2.5%. $AAPL was very impressive and ran all day on notes that they could fetch 100 million subs from their new content business, and that the company may be announcing another huge buyback plan.

The largest “hybrid” movers in Tech today are found in the screenshot below, and there are some great charts in here: APPN, ZAYO, AMBA, VZ, LEDS, MIME, TWOU.

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$SQ is another name that saw a big jump in hybrid score, but did not make the screenshot above. I like SQ here, especially if Bitcoin can gain traction over 4K. And, let’s talk about $STNE while we’re at it, what a thing of beauty. That stock continues to be a “buy on dips” kind of name.